India’s Electricity Demand to Shrink 1%, Discoms Losses to Rise by Rs 200 Bn: ICRA Updated On Wed, Apr 29th, 2020 by Saurenergy Amidst the lockdown imposed across the country due to coronavirus, the demand slowdown is likely to lead to a de-growth of 1.0 percent in electricity demand for the full year of FY2021, as predicted by a leading credit rating agency, ICRA. The rating agency analysed after considering the full lockdown till May 3, 2020, partial […] Read more
Ørsted and Nestlé Sign15-Year Offshore Wind PPA Updated On Tue, Apr 28th, 2020 by Saurenergy Nestlé UK has signed a 15-year PPA with Ørsted to buy green power output worth 31 MW from the 573 MW Race Bank Offshore Wind Farm. Nestlé UK, the UK subsidiary of one of the world’s largest food and beverage companies, Nestlé, has signed a 15-year indexed fixed-price power purchase agreement (PPA) with Ørsted, […] Read more
ADB Approves $100 mn Loan for Development of Advanced BESS in Mongolia Updated On Mon, Apr 27th, 2020 by Saurenergy ADB has approved a USD 100 million loan to help supply RE to Mongolia by installing its first large-scale advanced battery energy storage system (BESS) The Asian Development Bank (ADB) has approved a USD 100 million loan to help supply renewable energy to Mongolia by installing its first large-scale advanced battery energy storage system (BESS). […] Read more
Tender Issued for Installation and Commissioning Package for Solapur Solar Project Updated On Thu, Apr 23rd, 2020 by Saurenergy NTPC has issued a tender for the installation and commissioning package for the Solapur Solar Project in Maharashtra. NTPC Ltd has issued a tender, inviting bids from eligible bidders for the installation and commissioning package for the Solapur Solar Project in Solapur, Maharashtra. The scope of work for the selected bidders will include the installation and […] Read more
Geronimo and Cargill Announce VPPA for 200 MW Solar Project Updated On Thu, Apr 23rd, 2020 by Saurenergy Geronimo Energy and Cargill have announced the execution of a Virtual Power Purchase Agreement (VPPA) for the 200 MW Prairie Wolf Solar Project in Illinois. Geronimo Energy, a National Grid company, and Cargill have announced the execution of a Virtual Power Purchase Agreement (VPPA) for the Prairie Wolf Solar Project in Coles County, Illinois. The contract marks the second renewable energy VPPA executed […] Read more
Pre-Bid Meetings for 3 SECI Tenders Worth 9000 MW Postponed Updated On Tue, Apr 21st, 2020 by Saurenergy SECI has announced the postponement of pre-bid meetings for three of its active tenders worth a combined 9000 MW in renewable projects and power. The Solar Energy Corporation of India (SECI) has issued a notification, announcing the postponement of pre-bid meetings for three of its active renewable tenders worth a combined 9000 MW in projects […] Read more
Electricity Act Amendments The Big Bang Reforms Solar Sector Needs Updated On Mon, Apr 20th, 2020 by Saurenergy The amendments proposed in the draft Electricity Act (Amendment) Bill 2020 by the power ministry could be the big bang reforms the power sector, and by extension, the renewable energy sector in India, has been waiting for. If these go through without major changes, then some of the biggest roadblocks holding back the proper growth and […] Read more
COVID-19 Halts up to 3 GW of Wind, Solar Projects in Australia Updated On Mon, Apr 20th, 2020 by Saurenergy The global COVID-19 pandemic has hit the renewables industry hard in Australia, postponing or cancelling the financial close of up to 3 GW of projects The global COVID-19 pandemic has hit the renewables industry hard in Australia, postponing or cancelling the financial close of up to 3 gigawatts (GW) of projects according to a new […] Read more
NTPC Tenders for SCADA and WMS at Solapur Solar Project Updated On Mon, Apr 20th, 2020 by Saurenergy NTPC Ltd has issued a tender, seeking SCADA and Weather Monitoring System (WMS) package at the Solapur Solar PV Project in Maharashtra. NTPC Ltd has issued a tender, inviting bids from eligible firms for providing with SCADA and Weather Monitoring System (WMS) package at the Solapur Solar PV Project in Maharashtra. The scope of work […] Read more
